Daily Archives: April 14, 2015

Latest addition further boosts multi-asset class capabilities Saxo Bank, the online multi-asset trading and investment specialist, today announces the expansion of its white label offering with the introduction of stock options from April 2015. This follows the launch of stock options trading for Saxo’s private and institutional clients in 2014. …

The first part of the year has seen the value of Georgia’s exports and imports (External Merchandise Trade) experience a slight downward trend in comparison to 2014, claims Geostat. In January, February and March, Georgia’s External Merchandise Trade (excluding non-organised trade) amounted to $2.279 billion USD. This was a 10 …

More than 70 people serving sentences in Georgia’s prisons have been pardoned by President Giorgi Margvelashvili for the Easter celebrations. At a special press conference today, head of the Presidential Pardon Commission Zviad Koridze said 57 out of the 78 pardoned inmates will walk free this afternoon. The remaining 21 …

Georgia is celebrating Mother Language Day today, which marks Georgia’s courageous victory over the Soviet repressive machine in maintaining the Georgian language as the country’s official language. On this day 37 years ago, hundreds of Georgians took to the streets in Tbilisi in protest against the Soviet Empire’s decision to …

Hundreds of banking giants from around the globe will gather in Georgia’s capital Tbilisi in a special ceremony to award the best performers at banking industry from Europe, the Middle East and Africa next month. The Europe Banking Award 2014, scheduled to be held in Tbilisi on May 13, will …

Turkey has submitted a document to the Parliament of Georgia on imposing an import quota for oilcake derived from sunflowers. The quota will be defined at 15,000 tons annually – any import in excess of this amount will no longer be tax-free. Commissions of Georgia and Turkey agreed on imposing …

Cigars produced in Keda region of Adjara will be exported to Europe and the CIS countries. The company’s Director Tamaz Turmanidze says that at this time the company manufactures 23 types of cigars and cigarillos. According to him, Georgian cigars are exported to the Turkish market in a small amount and …

The hotel construction on Shaori lake is expected to start in May of this year. Pipes for drinking water have been laid, while electricity installation will be finished in the near future “Commersant” was told by the governor of Ambrolauri district Malkhaz Lomtadze that the hotel on Shaori lake is …